Marketplace Archive

So, you have decided to create your marketplace. Superb! Now, how do you decide on the best type of revenue model to use? A membership plan and the commission models are the two most accepted and profitable revenue models for marketplace industry. The commission model for the marketplace is discussed in my previous blog post. …

The appropriate marketplace features help you to support an increasing group of buyers or sellers, promote a variety of products or services, and drive sales. There are some recent and evolving marketplace trends that you’ll have to keep in mind if you are an aspiring digital entrepreneur who is willing to take advantage of all those …

The main aim of numerous businesses, big and small, is to boost online sales. If you run a mom-and-pop small store or work for a big e-commerce company like Amazon, it’s a little like bowling a strike to boost revenue across online channels-it seems a lot simpler than it really is. An online marketplace requires …

What is a Multi-vendor Marketplace? An online marketplace is a platform that allows sellers to sell their products to the people they never considered as a lead. Undoubtedly, this increases the radius of your market because anyone in any part of the world can buy from your store over a click without any hassle. If …

Magento Multi-vendor Marketplace module by Knowband is one of the simplest ways to convert your eCommerce store into a thriving Multi vendor marketplace. A Multi seller marketplace is an online platform where different vendors can add their products, manage their orders, and sell them on the same platform. The Magento Multi vendor marketplace plugin transforms your …